When did Maximus report Q3 2025 earnings?

Maximus (MMS) reported Q3 2025 earnings on August 7, 2025 before market open.

What were Maximus's Q3 2025 revenue and EPS?

Maximus reported revenue of $1.3B and eps of $2.16 for Q3 2025.

Did Maximus beat estimates in Q3 2025?

Revenue beat the consensus estimate of $1.3B by $7.3M. EPS beat the consensus estimate of $1.39 by $0.77.

How did Maximus's Q3 2025 results compare year-over-year?

Compared to the same quarter a year prior, revenue grew 2.5% from $1.3B a year earlier and eps grew 47.9% from $1.46.

Where can I find Maximus's Q3 2025 SEC filings?

You can read the 10-Q periodic report (0001032220-25-000040) directly on SEC EDGAR. The filing index links above go to sec.gov.

Maximus MMS Q3 2025 earnings

Reported August 7, 2025 · Before market open

Revenue$1.3BBeat by $7.3M

EPS$2.16Beat by $0.77

Revenue estimate$1.3B

EPS estimate$1.39

Next report

Aug 6, 2026 (In 1 week)

Revenue estimate$1.3B

EPS estimate$2.20

Financials

Q3 2025

Income statement

See full

Revenue$1.3B+2.5%

Gross profit$359.5M+8.2%

Operating income$165.7M+16.9%

Net income$106.0M+18.1%

EPS (diluted)$1.86+27.4%

Balance sheet

See full

Cash & equivalents$59.8M-41.8%

Total debt$1.8B+38.0%

Total equity$1.8B-2.5%

Total assets$4.5B+11.6%

Cash flow

See full

Operating cash flow-$182.7M-192%

CapEx$15.5M-55.4%

Free cash flow-$198.2M-220%

Valuation & ratios

Valuation

as of 06/30/25

See full

Market cap$3.92B-25.6%

Enterprise value$5.64B-12.6%

P/E12.4×-5.5×

P/S0.7×-0.3×

Profitability

See full

Gross margin24%+0.3pp

Operating margin9.5%+0.5pp

Net margin5.8%+0.2pp

FCF margin-2.6%-9.9pp

Returns & leverage

See full

Return on equity17.6%+0.6pp

Debt / equity1×+0.3×

Current ratio2.3×+0.7×

Segments

By product

See full

Program Operations$627.0M+3.7%

Clinical Services$560.4M+10.7%

Employment & Other$81.9M-26.9%

Technology Solutions$79.2M-14.1%

By segment

See full

U.S. Services$439.8M-6.9%

Outside the U.S.$147.4M-7.5%

Versus estimates

Revenue

Q2 2026$1.3BMiss by $7.9M Q1 2026$1.3BMiss by $29.9M Q4 2025$1.3BMiss by $22.7M

Q3 2025$1.3BBeat by $7.3M

Q2 2025$1.4BBeat by $71.3M Q1 2025$1.4BBeat by $114.0M

Diluted EPS

Q2 2026$2.07Beat by $0.09 Q1 2026$1.85Beat by $0.01 Q4 2025$1.62Miss by $0.05

Q3 2025$2.16Beat by $0.77

Q2 2025$2.01Beat by $0.64 Q1 2025$1.61Beat by $0.22

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Questions, answered.

When did Maximus report Q3 2025 earnings?: Maximus (MMS) reported Q3 2025 earnings on August 7, 2025 before market open.
What were Maximus's Q3 2025 revenue and EPS?: Maximus reported revenue of $1.3B and eps of $2.16 for Q3 2025.
Did Maximus beat estimates in Q3 2025?: Revenue beat the consensus estimate of $1.3B by $7.3M. EPS beat the consensus estimate of $1.39 by $0.77.
How did Maximus's Q3 2025 results compare year-over-year?: Compared to the same quarter a year prior, revenue grew 2.5% from $1.3B a year earlier and eps grew 47.9% from $1.46.
Where can I find Maximus's Q3 2025 SEC filings?: You can read the 10-Q periodic report (0001032220-25-000040) directly on SEC EDGAR. The filing index links above go to sec.gov.